Saving family budget starts with planningPhoto: Getty

Family Budget Expenses: Typical Mistakes

Financial difficulties happen from time to time.in all families, but most of all they are concerned about young couples who are only building a joint life. There are many reasons for this: the habit of relying on parents who will not leave a beloved child without means of subsistence, and the inability to plan expenses and save, and the desire to immediately buy the thing you like without taking into account financial opportunities, and banal short-sightedness. Most young couples, even if both Spouse earn good money, make the same mistakes in the allocation of the budget.

The bulk of the funds spent in the first days after the appearance of money.

A significant amount of finance is spent primarily on personal needs. This is explained by the simple and natural desire to buy what has long been wanted, since the money has appeared.

Payment of utilities, housing, loan repayment is postponed until later. As a result, funds for them are not enough, and debts accumulate.

Purchases are made without taking into account the views and needs of the spouse (spouse).

The need to create a reserve or insurance fund for unforeseen circumstances is not taken into account.

As a result, the money runs out quickly, new ones appear.debts, and husband and wife, trying to find the cause of financial problems, blame each other. Instead of thinking about how to distribute the family budget, they begin to consider who earns and spends how much. Family conflicts on the basis of the distribution of funds are the most painful and destructive. They leave an unpleasant aftertaste for a long time and cause a feeling of alienation.

How to build a family budget correctly

The main condition for resolving problems related tofinance, - the realization that these problems are common, as well as the budget and its expenditure items. Therefore, it is worth quietly discussing where and how the money earned will be spent. And here will help a few simple tips.

First, allocate money for priority monthly payments - maintenance of the apartment, repayment of debts, etc.

Determine the minimum amount of money you need.for food, and do not spend this money for other needs. At first, it may be difficult, but there is a way out: after the money for item 1 has been set aside, purchase all the necessary food products. But after 2-3 months of living together, it will be easier to plan the flow of funds for food.

Calculate what other inevitable expenses will cost you - gasoline, fitness, seasonal shoes, clothes, etc.

Agree on how much you will be able to allocate for out-of-pocket expenses, but do this only after the funds for the first three points are allocated.

Set aside NZ - insurance or savings fund. It is necessary not only as a basis for developing the well-being of your family, but also in case of emergency.

After the distribution of funds it may be thatmoney is not enough, for example, for spending money or is not left to put off even a little. Then once again carefully review the allocation of the budget and reduce costs. Learn to live within your means. Only in no case do not touch the first article, otherwise the volume of debts will increase and the threat to the financial independence of your family will increase. It is also interesting:

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